Magnolia Parkway & McLean
28 AC on Hard Corner of Magnolia Pkwy and Mclean Dr.
Marketing description
Positioned at the hard corner of Magnolia Parkway and McLean Drive in one of Pearland’s fastest-growing corridors, this ±28-acre development opportunity offers a rare combination of commercial frontage and residential development potential. The front portion of the site along Magnolia Parkway is restricted for commercial and retail uses, creating an ideal opportunity for neighborhood retail, medical, childcare, restaurant, or service- oriented development, while the rear portion extending towards Cabot Cove neighborhood is designated for single-family or multifamily residential use. Surrounded by rapidly expanding residential communities, the property benefits from strong visibility, increasing traffic counts, and continued population growth throughout the southern Pearland market.
Investment highlights
Positioned at the hard corner of Magnolia Parkway and McLean Drive in one of Pearland’s fastest-growing corridors, this ±28-acre development opportunity offers a rare combination of commercial frontage and residential development potential. The front portion of the site along Magnolia Parkway is restricted for commercial and retail uses, creating an ideal opportunity for neighborhood retail, medical, childcare, restaurant, or service- oriented development, while the rear portion extending towards Cabot Cove neighborhood is designated for single-family or multifamily residential use. Surrounded by rapidly expanding residential communities, the property benefits from strong visibility, increasing traffic counts, and continued population growth throughout the southern Pearland market.
The site is strategically positioned within close proximity to major regional demand drivers including Pearland Town Center, HEB, Costco, Target, and numerous national retailers along the SH 288 corridor. Nearby schools and community amenities further strengthen the long-term residential and commercial viability of the area. In addition, the property offers excellent connectivity to major employment hubs and transportation infrastructure, including Ellington Field, Hobby Airport, NASA Johnson Space Center, Downtown Houston, and the Texas Medical Center. With direct access to SH 288, Beltway 8, and FM 1128, this offering presents a compelling mixed-use development opportunity in one of Greater Houston’s most active suburban growth markets.
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